What was your evolution as a real estate investor?

[Jacob Pereira]

Since I became an agent I've helped a number of people become financially independent (like myself), and seeing all the different ways it happened it got me wondering about how other people on BP are making it happen. No wrong answers here, whether you're just starting out, or about to sell it all to go live in Bali, I'm interested in all your stories.

[Mike Terry]

Jacob,

This awesome Congratulations on your achheivement. I am pursuing financial freedom later in life, just having turned 52. My strategy has been to flip homes, use the proceeds to buy rental properties that cash flow at least $200 a door. My wife got her real estate lisence and saving us commission and getting us access to MLS. We so far have flipped 7 properties with profits rangeing from 10k to 40k. Now I am in a fast appreciating market right now (Southwest Florida) so finding cashflowing properties here is very tough, so I am buying in southern Georgia in a University town with a State University, I have two duplexes there currently cash flowing $300$ a door with another one under contract and two BRRRR deal single family properties also under contract. So far the plan has been very smooth. The goal is to replace my wifes W2 income as a teacher allowing her to retire in the next 3 years and me to follow in next 5. So far so good,